UAE Financial institution Account Service NOW Cash Companions With Visa to Provide Low-Revenue Clients within the Gulf Area Entry to Full Service Digital Banking Resolution

NOW Cash, a UAE-based digital account service, introduced on Wednesday it has joined forces with Visa to supply low-income prospects within the Gulf area entry to its full-service digital banking resolution.

Based in 2015, NOW Cash claims it makes use of “cutting-edge” cellular expertise to enhance the lives of low-income migrant works within the UAE.

“Our mission is to assist staff entry monetary and remittance companies in any other case out of attain, for the primary time offering them with direct entry to a present account, debit card and remittance instantly from our proprietary NOW Cash smartphone app and repair middle.”

By way of the collaboration, prospects will obtain a Visa fee card and a NOW Cash account, which requires no minimal stability. Whereas sharing extra particulars concerning the partnership, Katharine Budd, NOW Cash Co-Founder, acknowledged:

“The Visa and NOW Cash partnership takes our prospects past handy banking, into high quality banking. In addition to being the main card scheme for our markets, Visa has a bunch of initiatives to supply account holders, together with service provider presents. It is a monumental step ahead on our mission to make sure no individual is excluded from accessing the best high quality monetary companies.”

NOW Cash went on so as to add that the partnership will strengthen the constructive expertise prospects’ affiliate with handy, non-cash-based funds, and can present a frictionless private finance expertise by Visa presents and merchandise.